not vested
LUOYANG GLASS (01108.HK) expects loss in 2013
Jan 30, 2014
LUOYANG GLASS (01108.HK) announced that it is expected that the Company will incur losses in the operating results for 2013, as the unaudited net profit attributable to the shareholders of the Company realized will be about RMB-80,000,000 to RMB-100,000,000, as the gross profit of ultra-thin glass declined significantly due to more fierce competitions in the market and the profit of the Company decreased significantly as a result of the loss arising from the suspension of production of production lines pending upgrading and renovation.
Source: AAStocks Financial News